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Class action filed against Navan over alleged false statements post-IPO, investors can join by April 24.

Market News
23 Mar 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

The Portnoy Law Firm has announced a class action lawsuit on behalf of investors who bought Navan, Inc. securities during its October 31, 2025 IPO. The lawsuit alleges that Navan made false and misleading statements about its business operations and financial prospects, including issues with its Pacific Helmets and Jolly businesses, tariff-related challenges, and unreliable financial guidance. Investors have until April 24, 2026, to file a lead plaintiff motion and are encouraged to contact the law firm to discuss their rights and options for recovering losses.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Alpaca raises $435M to expand into prime brokerage amid AI-driven trading surge

Alpaca raises $435M to expand into prime brokerage amid AI-driven trading surge

Alpaca, a brokerage infrastructure startup, secured $435 million in funding to enter prime brokerage services, challenging traditional Wall Street firms. The company’s API supports 94% of US equities and powers tokenized stocks for Kraken. Alpaca’s t...

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Bullish
4 hours ago
Raymond James Financial upgraded to Buy on strong Q3 outlook and growth in key segments

Raymond James Financial upgraded to Buy on strong Q3 outlook and growth in key segments

Raymond James Financial's rating was raised to "Buy" after positive investor event disclosures and a promising preview of its upcoming quarterly results. The company is expected to exceed earnings per share consensus for Q3 FY26, driven by strong per...

Analyst Insights
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4 hours ago
Bitcoin and Ethereum see $59M outflows as traders shift to stablecoins amid market caution.

Bitcoin and Ethereum see $59M outflows as traders shift to stablecoins amid market caution.

Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...

Market News
Bearish
4 hours ago
Whales accumulate 70M XRP as network adoption grows, signaling confidence despite price consolidation below resistance.

Whales accumulate 70M XRP as network adoption grows, signaling confidence despite price consolidation below resistance.

Whales have accumulated 70 million XRP over the past week, showing strong confidence despite XRP's price consolidating below resistance levels. The XRP Ledger surpassed 8 million activated accounts, indicating growing network adoption across payments...

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